Bankstown - South
Statistical Area - sa2

Bankstown - South lies within the top quartile of areas nationally for population growth performance according to AreaSearch analysis of recent, and medium to long-term trends

Bankstown - South's population is approximately 19,134 as of August 2025. This figure represents an increase of 700 people since the 2021 Census, which recorded a population of 18,434. The increase is inferred from the estimated resident population of 19,137 in June 2024 and an additional 64 validated new addresses since the Census date. This results in a population density ratio of 4,329 persons per square kilometer, placing Bankstown - South among the top 10% of locations assessed by AreaSearch. Over the past decade, Bankstown - South has shown resilient growth patterns with a compound annual growth rate of 1.5%, outperforming the SA3 area. Overseas migration contributed approximately 71.9% of overall population gains during recent periods.

AreaSearch uses ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered by this data, AreaSearch utilises NSW State Government's SA2 level projections, released in 2022 with a base year of 2021. Growth rates by age group from these aggregations are applied to all areas for years 2032 to 2041. Based on projected demographic shifts, Bankstown - South is forecasted to experience significant population growth, increasing by 7,701 persons to reach a total of 26,835 by 2041, indicating a gain of 40.3% over the 17-year period.

AreaSearch assessment of residential development activity positions Bankstown - South among the top 25% of areas assessed nationwide

Bankstown - South saw approximately 73 new homes approved annually. From FY21 to FY25368 homes were approved, with 11 more approved in FY26 by June. Each year, around 3.5 new residents arrived per dwelling constructed during these years.

This lagging supply may intensify buyer competition and pricing pressures. New properties are constructed at an average value of $398,000, below the regional average, offering affordable housing options. In FY26, $54.1 million in commercial approvals have been registered, indicating strong commercial development momentum. Compared to Greater Sydney, Bankstown - South has about three-quarters the building activity per person and ranks at the 62nd percentile nationally for areas assessed.

New building activity comprises 31.0% detached houses and 69.0% townhouses or apartments. This skew towards compact living provides affordable entry pathways, attracting downsizers, investors, and first-time purchasers. Bankstown - South has around 469 people per dwelling approval, reflecting an established area. By 2041, the location is expected to grow by 7,704 residents. If current construction levels persist, housing supply may lag population growth, potentially intensifying buyer competition and supporting price growth.

Bankstown - South has strong levels of nearby infrastructure activity, ranking in the top 30% nationally

Changes in local infrastructure significantly affect an area's performance. AreaSearch has identified 29 projects that could impact the region. Notable initiatives include Bankstown Exchange (Stage 1 - Bankstown Central Masterplan), Appian Way and North Terrace Drainage Upgrades, New Bankstown Hospital, and Bankstown CBD Transformation. The following list details those most likely to be relevant.

Professional plan users can use the search below to filter and access additional projects.

Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.

AreaSearch assessment indicates Bankstown - South faces employment challenges relative to the majority of Australian markets

Bankstown - South has an educated workforce with diverse sector representation. Its unemployment rate was 8.5% in June 2025, compared to Greater Sydney's 4.2%.

Employment growth over the past year was estimated at 2.0%. As of June 2025, 8,587 residents were employed, with a workforce participation rate of 44.9%, significantly lower than Greater Sydney's 60.0%. Key employment sectors include health care & social assistance, retail trade, and manufacturing. Manufacturing is particularly strong, with an employment share 1.7 times the regional level.

However, professional & technical services are under-represented at 7.0% compared to Greater Sydney's 11.5%. Many residents commute elsewhere for work. Between June 2024 and June 2025, employment levels increased by 2.0%, while the labour force grew by 2.5%, causing unemployment to rise by 0.5 percentage points. In contrast, Greater Sydney saw employment growth of 2.6% and an unemployment rate increase of 0.3 percentage points. National employment forecasts from Jobs and Skills Australia (May 2025) project a 6.6% expansion over five years and 13.7% over ten years. Applying these projections to Bankstown - South's employment mix suggests local growth of approximately 6.2% over five years and 13.2% over ten years.

The area's income levels rank in the lower 15% nationally based on AreaSearch comparative data

AreaSearch's latest postcode level ATO data for financial year ending June 2022 shows median income in Bankstown - South was $39,796 and average income was $49,900. This contrasts with Greater Sydney's median income of $56,994 and average income of $80,856 in the same period. Based on Wage Price Index growth rate of 12.61% from financial year ending June 2022 to September 2025, estimated median income for Bankstown - South would be approximately $44,814 and average income would be around $56,192 by September 2025. According to the Census conducted in August 2021, household income ranks at the 24th percentile ($1,355 weekly) and personal income is at the 5th percentile. The earnings profile indicates that 31.2% of locals (5,969 people) predominantly earn between $1,500 - 2,999 per week, reflecting regional patterns where 30.9% fall within this range. Housing affordability pressures are severe with only 76.7% of income remaining, ranking at the 17th percentile.

Bankstown - South features a more urban dwelling mix with significant apartment living, with a higher proportion of rental properties than the broader region

Bankstown - South's dwelling structure, as per the latest Census, consisted of 36.2% houses and 63.8% other dwellings (semi-detached, apartments, 'other' dwellings). This contrasts with Sydney metro's 61.5% houses and 38.4% other dwellings. Home ownership in Bankstown - South was at 24.3%, with mortgaged dwellings at 24.9% and rented ones at 50.8%. The median monthly mortgage repayment was $1,820, lower than Sydney metro's average of $2,240. Weekly rent in Bankstown - South was $415, compared to Sydney metro's $425. Nationally, Bankstown - South's mortgage repayments were below the Australian average of $1,863, while rents were substantially higher than the national figure of $375.

Bankstown - South features high concentrations of group households, with a lower-than-average median household size

Family households account for 74.3% of all households, consisting of 37.3% couples with children, 18.4% couples without children, and 16.4% single parent families. Non-family households make up the remaining 25.7%, with lone person households at 21.1% and group households comprising 4.6% of the total. The median household size is 3.0 people, which is smaller than the Greater Sydney average of 3.1.

Educational outcomes in Bankstown - South fall within the lower quartile nationally, indicating opportunities for improvement in qualification attainment

Bankstown - South has a university degree holders rate of 28.3% among residents aged 15+, compared to Greater Sydney's 38.0%. Bachelor degrees are the most common (19.9%), followed by postgraduate qualifications (7.2%) and graduate diplomas (1.2%). Vocational pathways account for 24.1%, with advanced diplomas at 10.6% and certificates at 13.5%. Educational participation is high, with 35.3% of residents currently enrolled in formal education: 10.0% in primary, 8.4% in secondary, and 7.8% in tertiary education.

The area has seven schools educating approximately 3,171 students, operating under typical Australian school conditions (ICSEA: 968). These include three primary, two secondary, and two K-12 schools.

Transport servicing is high compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Bankstown - South has 90 active public transport stops. These are a mix of train and bus stations. They are served by 48 individual routes which together provide 13,107 weekly passenger trips.

Transport accessibility is excellent with residents typically located 141 meters from the nearest stop. Service frequency averages 1,872 trips per day across all routes, equating to approximately 145 weekly trips per individual stop.

Bankstown - South's residents boast exceedingly positive health performance metrics with younger cohorts in particular seeing very low prevalence of common health conditions

Health outcomes data shows excellent results in Bankstown - South, with younger cohorts having particularly low prevalence of common health conditions. Private health cover rate stands at approximately 46%, covering about 8,820 people, compared to Greater Sydney's 48.6% and the national average of 55.3%. Diabetes and arthritis are the most prevalent medical conditions, affecting 5.3% and 5.0% of residents respectively.

About 79.4% of residents report no medical ailments, higher than Greater Sydney's 75.8%. Bankstown - South has 14.7% of residents aged 65 and over (2,806 people), lower than Greater Sydney's 15.8%. Health outcomes among seniors require more attention despite being above average.

Bankstown - South is among the most culturally diverse areas in the country based on AreaSearch assessment of a range of language and cultural background related metrics

Bankstown-South is one of the most culturally diverse areas in Australia, with 61.1% of its population born overseas and 81.1% speaking a language other than English at home. The primary religion in Bankstown-South is Christianity, which accounts for 35.1% of the population. Notably, Buddhism is overrepresented at 13.9%, significantly higher than the Greater Sydney average of 6.7%.

Regarding ancestry, the top three groups are 'Other' at 24.7%, Vietnamese at 22.3% (substantially higher than the regional average of 8.5%), and Lebanese at 12.4%. Other ethnic groups with notable divergences include Macedonian at 2.1% (vs regional 1.7%), Greek at 3.1% (vs regional 3.4%), and Samoan at 0.7% (vs regional 0.5%).

Bankstown - South hosts a young demographic, positioning it in the bottom quartile nationwide

Bankstown-South's median age is 34 years, lower than Greater Sydney's average of 37 and Australia's 38 years. Compared to Greater Sydney, Bankstown-South has a higher proportion of 25-34 year-olds (18.4%) but fewer 35-44 year-olds (13.6%). Between the 2021 Census and now, the 65-74 age group has grown from 7.2% to 8.5% of the population, while the 5-14 cohort has declined from 12.2% to 11.3%. By 2041, population forecasts indicate significant demographic changes for Bankstown-South, with the strongest projected growth in the 45-54 age group (53%), adding 1,164 residents to reach a total of 3,369.